[Theoria]

Technology and innovation 'destroy' jobs. Manufactures have become so efficient, they have reduced jobs but production has skyrocketed.

That is on of the ongoing developments in the economy, I don't we will ever see bubble type unemployment rates again.

High 'unemployment' will be the norm. Not everyone can code and be a engineer. Enjoy the wage arbitrage!

[Sherman Logan]

Your chart 1 shows pretty clearly that the increase in recent years is not a straight line progression. The rate of increase is itself increasing.

Which has enormous implications for the future.